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West Village megamansion, Flatiron condo top Manhattan’s luxury contracts

Borough snagged pending deals for nine trophy properties despite holidays

Sotheby’s Nikki Field and Garfield’s Matt Lesser with 105-107 Banks Street

A West Village megamansion and a full-floor condo at the Flatiron Building topped a banner week for Manhattan’s luxury market. 

Despite the Easter and Passover holidays, buyers signed contracts for 31 homes in the borough asking $4 million or more between March 30 and April 5, according to Olshan Realty’s weekly report. The total — which included inked deals for nine properties in Downtown Manhattan asking $10 million or more — was down from 33 in the previous period

A double-wide townhouse at 105-107 Banks Street snagged a $70 million signed contract last week for the No. 1 spot in the weekly report. The 40-foot-wide home, which hit the market in October with a $75 million asking price, spans 13,000 square feet and has six bedrooms. 

Roundsquare Builders purchased the two walkups in 2021 and 2022, when they were configured as separate rental units, for a total of $18.1 million. The developer tapped Robert A.M. Stern to design and oversee the years-long combination and renovation process. One of the homes included an apartment that musician John Lennon and his wife, Yoko Ono, rented in the 1970s. 

The pending deal stands to break the downtown sales record, which was set in 2024 when another oversized townhouse in Greenwich Village traded for $72.5 million. The home also features an elevator, sauna, wine cellar and multiple outdoor spaces. 

Leslie J. Garfield’s Matthew Lesser has the listing, and Nikki Field of Sotheby’s International represented the buyer. 

The second priciest home to enter contract last week was the 21st floor at the Flatiron Building conversion project, led by the Brodsky Organization and Sorgente Group. The apartment at 175 Fifth Avenue last asked $58.5 million

Unit 21 at the under-construction building will have five bedrooms and five bathrooms. It will also feature 13-foot ceilings, a balcony and views of Madison Square Park. Amenities planned for the 36-unit building include a gym, lap pool, sauna, cold plunge and residents’ lounge. 

Another full-floor condo at the building landed at the top of Olshan’s previous report after finding a buyer with an asking price under $31 million. So far this year, three units at the building, which quietly launched sales in the fall, have snagged one of the top two spots in weekly contract reports. 

A team with Corcoran Sunshine Marketing Group, led by Angela DeCecchis and Michele Hinojos, is heading sales at the project. 

Of the 31 homes, 21 were condos, seven were co-ops and three were townhouses. 

The properties asked a combined $367 million, which works out to an average of $11.8 million and a median of $6.5 million. The typical home was on the market for nearly two years and had a discount of 2 percent.

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